Requirements for Becoming a Strategic Chief Risk Officer
The proliferation of chief âsomethingâ officer (CxO) titles over the past decades recognizes that thereâs value in having a single individual focused on a specific critical problem. A CxO position can be strategic or it can be the ultimate middle management role, with far more responsibilities than authority. Many of those handed such a title find that itâs the latter. This may be because the organization that created the title is unwilling to invest the necessary powers and portfolio of responsibilities to make it strategic â a case of institutional inertia.
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